The Central Government is providing a one-time option to its employees to switch from the National Pension System to the Central Civil Services (Pension) Rules, 1972. This option is available to employees who were appointed before the notification for the National Pension System on 22.12.2003. The Office Memorandum provides cut-off dates for various activities related to the exercise of this option, including the closure of NPS accounts. The deadline for the appointing authority to make a decision on the options received from employees has been extended to 30.11.2023.
No. 57/05/2021-P&PW(B)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners’ Welfare
New Delhi, Dated 07.11.2023
Office Memorandum
Subject: Inclusion of Central Government employees recruited against the posts/vacancies advertised/ notified prior to 22.12.2003, tinder Central Civil Services (Pension) Rules, 1972 (now 2021)- reg.
Undersigned is directed to refer to this Department’s O.M of even No. dated 03.03.2023 providing one-time option to Central Government employee for inclusion under Central Civil Services (Pension) Rules, 1972 ( now 2021) in place of National Pension System who has been appointed against a post or vacancy which was advertised/ notified for recruitment/ appointment prior to notification for National Pension System i.e. 22.12.2003
2. The said Office Memorandum provides for cut off dates for various activities involved in the process of exercising of option, deciding representations by appointing authorities and closure of NPS accounts of the concerned Government servants.
3. In view of request received for extension of time limit for taking decision by the appointing authority, it has been decided to extend the cut-off date for taking decision by the appointing authority on the options received from Central Government employees till 30.11.2023.
4. There would be no change in the other terms and conditions mcntioned in this Department’s O.M. dated 03.03.2023.
5. Hindi version will follow.
sd/-
(S. Chakrabarti)
Under Secretary to the Government of India
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